PT Asia Pacific Fibers Tbk (ISX:POLY) Quick Ratio: 0.00 (As of . 20)


What is PT Asia Pacific Fibers Tbk Quick Ratio?

PT Asia Pacific Fibers Tbk ISX:POLY Quick Ratio is 0.00 as of . 20.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. PT Asia Pacific Fibers Tbk's quick ratio for the quarter that ended in . 20 was 0.00.

PT Asia Pacific Fibers Tbk has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for PT Asia Pacific Fibers Tbk's Quick Ratio or its related term are showing as below:

ISX:POLY's Quick Ratio is not ranked *
in the Chemicals industry.
Industry Median: 1.375
* Ranked among companies with meaningful Quick Ratio only.

PT Asia Pacific Fibers Tbk  (ISX:POLY) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.

PT Asia Pacific Fibers Tbk Quick Ratio Related Terms

PT Asia Pacific Fibers Tbk Quick Ratio Historical Data

* Premium members only.

The historical data trend for PT Asia Pacific Fibers Tbk's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PT Asia Pacific Fibers Tbk Quick Ratio Chart

PT Asia Pacific Fibers Tbk Annual Data
Trend
Quick Ratio

PT Asia Pacific Fibers Tbk Quarterly Data
Quick Ratio

ISX:POLY vs IKNX: Quick Ratio Comparison

For the Specialty Chemicals subindustry, PT Asia Pacific Fibers Tbk's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PT Asia Pacific Fibers Tbk Quick Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, PT Asia Pacific Fibers Tbk's Quick Ratio distribution charts can be found below:

* The bar in red indicates where PT Asia Pacific Fibers Tbk's Quick Ratio falls into.


PT Asia Pacific Fibers Tbk Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

PT Asia Pacific Fibers Tbk's Quick Ratio for the fiscal year that ended in . 20 is calculated as

Quick Ratio (A: . 20 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(-)/
=

PT Asia Pacific Fibers Tbk's Quick Ratio for the quarter that ended in . 20 is calculated as

Quick Ratio (Q: . 20 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(-)/
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.00 mean?
PT Asia Pacific Fibers Tbk (ISX:POLY) has a Quick Ratio of 0.00 as of . 20. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on PT Asia Pacific Fibers Tbk and its competitors.
Is PT Asia Pacific Fibers Tbk's Quick Ratio too high?
PT Asia Pacific Fibers Tbk's current Quick Ratio is 0.00.
How does PT Asia Pacific Fibers Tbk's Quick Ratio compare to IKNX?
PT Asia Pacific Fibers Tbk's Quick Ratio of 0.00 can be compared against companies in the Chemicals industry. The industry median Quick Ratio is 1.38. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Chemicals company?
The median Quick Ratio among Chemicals companies is 1.38, based on 1,610 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on PT Asia Pacific Fibers Tbk and its competitors. For the Chemicals industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Asia Pacific Fibers Tbk's current Quick Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Asia Pacific Fibers Tbk stock overvalued right now?
PT Asia Pacific Fibers Tbk (ISX:POLY) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For PT Asia Pacific Fibers Tbk (ISX:POLY), the current Quick Ratio is 0.00 as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

PT Asia Pacific Fibers Tbk Business Description

Address Jl. DR. Ide Anak Agung Gde Agung, The East, 35th floor, Unit 7, No. 1, Kav. E3.2, Jakarta, IDN, 12950
PT Asia Pacific Fibers Tbk is an Indonesian-based company engaged in the manufacturing of chemical and synthetic fibers, weaving and knitting, and other activities related to the textile industry. The Company has two manufacturing plants, and markets its product both locally and internationally, such as in Europe, the United States of America, Asia, Australia, and the Middle East. Its business segments are Chemical and synthetic fiber, and Weaving and Knitting segments.